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Northern Rock crisis sparks banking panic

Home  Sep, 2007

Northern Rock crisis sparks banking panic - Fear of banking crisis gripped UK today as customers of Northern Rock rushed withdraw money out. It follows emergency lending from Bank of England ›› ADVICE: Northern Rock savers' Q&A ›› ADVICE: Mortgage customers Property asking prices take £6,000 tumble - Property asking prices fell by more £6,000 during August with home information packs leading drop top end homes for sale confidence draining from sellers



Northern Rock crisis sparks banking panic  [09/15/2007 01:17 PM]
Fear of a banking crisis gripped the UK today as customers of Northern Rock rushed to withdraw money out. It follows emergency lending from the Bank of England ›› ADVICE: Northern Rock savers' Q&A ›› ADVICE: Mortgage customers
Property asking prices take £6,000 tumble  [09/15/2007 01:17 PM]
Property asking prices fell by more than £6,000 during August with home information packs leading to a drop in top end homes for sale and confidence draining from sellers
Market report: Friday close  [09/15/2007 01:17 PM]
17:00:Hopes that Northern Rock's predicament would not trigger a mass sell-off proved shortlived, with investors offloading everything
Northern Rock savers shut out of accounts  [09/15/2007 01:17 PM]
Northern Rock's online banking facility has ground to a halt due to a flood of customers logging on to withdraw their money
BT call centre cover-up  [09/15/2007 01:17 PM]
BT covered up a massive fraud by call-centre staff to ensure it held on to a contract worth more than £1billion, a tribunal was told yesterday
Councils 'will get bribes to build houses'  [09/15/2007 01:17 PM]
Town halls will be driven to raise council tax bills more sharply if they refuse to build thousands of homes on green fields, it was claimed last night
Economy fear as John Lewis sees slump  [09/15/2007 01:17 PM]
Concern about the health of the economy deepened today as John Lewis warned of a sharp slowdown on the high street >> Chancellor: Think hard about risk of debt
House prices fall for first time in two years  [09/15/2007 01:17 PM]
Property prices are falling for the first time in two years due to a drop in demand, a leading housing market survey revealed today
Chancellor: Think hard about risk of debt  [09/15/2007 01:17 PM]
The Chancellor today called for an end to the era of free and easy lending by the banks
Most Brits content with High Street banks  [09/15/2007 01:17 PM]
Despite a spate of recent controversies, the vast majority of Brits are satisfied with their high street bank, according to a new study
uSwitch forced into website change  [09/15/2007 01:17 PM]
Price comparison firm uSwitch risks having its watchdog accreditation removed for breaching guidelines on how comparison information is displayed to users
Soaring oil price may hit winter fuel  [09/15/2007 01:17 PM]
Britain could be in for a winter of soaring petrol and energy costs, after the price of oil hit an all-time high of more than $80 a barrel
King warns banks: No bailout on the way  [09/15/2007 01:17 PM]
Bank of England Governor Mervyn King today blamed 'risky and reckless' behaviour for the current financial turmoil and insisted there will be no bailout for banks
Northern's dilemma will rock markets  [09/15/2007 01:17 PM]
Those arrogant bankers who dismissed the crisis in the credit markets as a temporary blip will have their heads in their hands this morning
30 second guide to Sovereign Wealth Funds  [09/15/2007 01:17 PM]
The Daily Mail City team discusses Sovereign Wealth Funds
Bad banks and bullies  [09/15/2007 01:17 PM]
This week we highlight two examples of corporate stupidity that have caused completely avoidable distress
Midas share tips: Shore to ride out storm  [09/15/2007 01:17 PM]
Financial Mail's top stock picker says that the dip in Shore Capital's share price recently should be seen as a buying opportunity
Hetherington: Boiler room network exposed  [09/15/2007 01:17 PM]
Financial Mail's readers' champion finds that a case against a Leeds solicitor reveals a worldwide network behind a giant shares racket